Just in 2020, 1.8 million people were incarcerated in the US. According to recent studies, nearly 40% of prisoners reported having at least one disability, such as cognitive, ambulatory, or vision-related disabilities. These statistics make US prisoners in state and federal prisons 2.5 times more likely than the general population to live with a disability.
While there are so many arrested and convicted people with disabilities in US prisons and jails, it can be challenging for these people to access advantageous bail bonds.
At the same time, in the US, there are over 6 million people living with disabilities and nearly 1 million beneficiaries of Social Security Disability Insurance - meaning that most people in the US either have a disability or know someone who has one.
Whether the cosigner or the defendant lives with disabilities, in the sections below, you can learn all you need about cosigning for a bail bond while on Social Security Disability insurance and with no job. Don’t hesitate to get in touch with Mr. Nice Guy Bail Bonds to find the right bail bond for your needs and secure the release of a loved one from jail.
Social Security Insurance (SSI) Bail Bonds: How Do They Work?
To understand how Social Security Insurance work, it is important to start by being clear on who are the key players of a bail bond in California:
- The defendant - or the person in jail awaiting trial
- The cosigner - a third-party (usually a trusted friend, family member, or person close to the defendant) who signs the bond and guarantees for the defendant
- The agent or bondsman - who provides the bail bond services
A bail bond is not dissimilar to a personal loan. Here, the defendant puts down a 7% payment of the total bail amount (the minimum required in California) and asks a bail bond agent to post the rest of the bail.
The agent may accept to do so after subscribing a bond - or a written promise - with the cosigner and defendant. The aim of the bond is to make sure that the defendant will attend court as required, where they will receive their bail money back.
The role of the cosigner is to guarantee that the defendant will continue to appear to court as promised and pay the rest of the premium if required.
It is important to notice that the entire transaction represents a risk for the bond agent, who will require a collateral before lending the money. Collaterals might include a deed to a house or a car, which should preferably belong to the cosigner.
If the defendant of the cosigner of the bail bond are beneficiaries of the Social Security Disability Insurance (SSI) scheme, there are a few aspects that need to be considered. Learn more below or contact the Mr. Nice Guy team at 844-400-2245 to discover the full range of 24 Hour Bail Bond Services near you.
What To Expect From Cosigning a Bail Bond when on SSI
Deciding to be a co-signer for someone’s bail bond is an important decision. Undoubtedly, you will have the unique privilege to help someone you love to get out of jail. This also allows you to enjoy their company before their trial, gain more time to work on their case, and help them during this tough moment.
If you are looking to become a co-signer for a loved one, you might need to meet certain requirements, including:
- Good credit history
- Good job history
- Proof of a responsible and balanced lifestyle
The co-signer does not necessarily need to have a job, but they must provide proof of residency and income - including the one that comes from your SSI.
At the same time, it is essential to understand what liability you have as a co-signer. In most cases, your loved one will appear at all trial hearings and will get all the bail money back minus the bond agent fees.
However, there are instances in which the defendant does not show up in court, skips their bails, or fails to pay the fees owed. In the case of a violation of the bail agreement, the co-signer’s salary and assets might be used as collateral.
Nonetheless, it is important to notice that your income deriving from the Social Security Disability Insurance cannot be garnished - or held to fulfill missed payments.
Indeed, this kind of income, just like child support, alimony, or retirement benefits, is exempt from garnishing. Depending on the amount of money owed, you might consider filing for bankruptcy to discharge your debt.
Alternatively, consider getting in touch with an experienced bond agent at Mr. Nice Guy bail Bonds to find the best solution for your needs, including no collateral and low down payment bonds.
Consult a Specialized Agent at Mr. Nice Guy Bail Bonds
Bail Bonds that involve a co-signing party who is a beneficiary of the Social Security Disability Insurance scheme are complex cases. Undoubtedly, no matter what your circumstances are, you will be able to find a bail bond that suits your needs.
However, a specialized bond agency in California such as Mr. Nice Guy can offer many benefits:
- You can sign your bond regardless of your physical location in the country - online or in person!
- You can get approved for your SSI Bail Bond over the phone
- In most cases, we won’t require extensive credit checks - we’ll only need to see proof of fixed income for California residents.
- We provide 24/7 bond services to help your loved ones when they need it the most
Lastly, Mr. Nice Guy Bail Bonds is fully ADA (American Disabilities Act) compliant. Not only do we actively fight discrimination, but we also specialize in bail bond services to help defendants and co-signers with disabilities. That is also why the entire bond application process can be completed online, in-person, and over the phone. Get in touch today to learn more about our support services.
Mr. Nice Guy Bail Bonds: Tailored Bail Bond Services To Your Needs
Here at Mr. Nice Guy Bail Bonds, we understand how important it is to find immediate help and support when a loved one is incarcerated.
Thanks to our team of expert bond agents specializing in SSI bail bonds, we can be with you in less than 24 hours - no matter whether you need us to meet you at home, your office, jail, or court. Get in touch today at 844-400-2245 for details and availability.
